Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer ...
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
Our opinions are our own. Wells Fargo launched the Attune card in June 2024 to encourage the health and wellness of the self, one’s pets and the planet. For a $0 annual fee, the card earns an ...
Paul McLinko served as the bank’s executive audit director during its 2016 fake-accounts scandal. He called the penalty “arbitrary, capricious, an abuse of discretion, and otherwise not in accordance ...
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Opening Bell: 1.15.25
Big day for big banks; SEC files suit against Elon Musk that will be dropped in five days; succession games at Apollo, ...
A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's ...
The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted ...
Three former Wells Fargo executives must pay $18.5 ... which imposed the civil penalties. Claudia Russ Anderson, the former community bank group risk officer, was ordered Tuesday to pay $10 ...
Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago. Claudia Russ Anderson ...